Empowered to make a difference
MRO Announces 2021 Capital Budget and Reports 4Q and Full Year 2020 Results
MRO Announces GHG Emissions Intensity Reduction Initiative and Exec Comp Changes
Marathon Oil Corporation announced an update regarding its environmental, social, and governance (ESG) performance, including significant changes to its executive compensation framework as well as new quantitative greenhouse gas (GHG) emissions reduction initiatives. The Company believes continuously improving all elements of its ESG performance is essential to successfully executing its long-term strategy of maximizing shareholder value, including the delivery of strong financial returns and sustainable free cash flow while maintaining a solid balance sheet and returning capital to shareholders.
MRO's 2020 Social Investments Support First Responders & COVID-19 Response
Since Marathon Oil began operating in the Bakken in 2006, we’ve had a longstanding tradition of giving back to the communities where we live and work, and 2020 was no different.
Supporting Technology Needs During Distance Learning
During this challenging time, we want to do what we can to help ensure every child has an equal opportunity to learn. With the move to distance learning, students’ need for access to technology is greater than ever. That’s why we worked to safely prepare 25 laptops for Comp-U-Dopt to distribute to families without access to a working device at home.
Our Response to the Coronavirus Pandemic
In addition to focusing on keeping our workforce safe, our Health, Environment and Safety teams in Texas and Oklahoma have organized donations of more than 8,000 N95 masks from our warehouses to local healthcare organizations in both states. These organizations are on the frontlines serving our communities, recipients include: OU Medical Center, Norman Regional Health Foundation, Chickasaw Nation Medical Center, and the Harris County Office of Emergency Management in Houston.